Whaaaat???? Nangutang na naman ang Pilipinas!!!! Hay, since the time of Diosdado Macapagal, the country has been incurring debts. Did you know that in order for Diosdado Macapagal to borrow money from IMF he needed to push for the devaluation of our peso. Pero kung titingnan mo ngayon, did that do any good to our country??? Di ba wala??? Ginastos lang lahat ni Marcos at Imelda yun eh. Aside from that, being debt-dependent also became the policy of Marcos. He believed that through debt, the government would be able to support the industries here in the Philippines. However, that was not the case. It seemed that the debt was issued to support the extravagant lifestyle of the Marcoses. Pamula pa noon nangungutang na ang Pilipinas pero bakit parang wala namang nagbabago sa Philippines?
Hay, honestly speaking, I don’t see how incurring debts help us. I can still see many poor people loitering in the streets. I can still see street children begging. Marami pa rin ang hindi nakakapag-aral dahil wala silang pera. Hindi ba dapat ang perang nakukuha sa utang eh ginagamit para sa mga social projects and development??? Eh bakit sa dami-dami ng utang natin wala pa ring nagbabago. Sometimes tuloy I can’t stop from thinking that may be many of our government officials are really not using the money to help the Philippines. Minsan pakiramdam ko lahat sa bulsa lang nila napupunta. Tapos ngayon paautangin na naman tayo ng 232 million dollars. Saan na naman mapupunta yan? Sa casino o sa mga villa ng mga nasa gobyerno??? I know that I should not be pessimistic but with all the poverty that I see around me, you can’t blame me and the other Filipinos from thinking this way.
With the loan that WB is granting us for the rehabilitation of Mindanao, I really hope that the Filipinos get a fair share of the money. Sana naman maisip ng mga politikong hahawak ng pera ang kinabukasan ng nakraraming Pilipino. Sana talaga makinabang ang mga taga-Mindanao.
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